Hyundai revealed Thursday a hydrogen fuel cell hybrid concept vehicle called the N Vision 74 that the company says demonstrates the performance sub-brand’s vision for electrification. The Hyundai N sub-brand, the performance-focused arm of the automaker, has been applied to a range of production vehicles since its founding in 2015 from the Hyundai Veloster N… Continue reading Hyundai’s hydrogen fuel cell concept hints at the performance N brand’s future
Tag: Manufacturing
RAW TRAVEL TV PRESENTS “STEADFAST IN UKRAINE”
– Episode Premieres November 19 & 20, 2022 Documenting Visit to Hopeful Ukraine” – NEW YORK, Nov. 17, 2022 /PRNewswire/ — AIM Tell-A-Vision® Group (AIM TV), producers of the nation’s most-watched travel show, Raw Travel®, announced their episode “Steadfast in Ukraine” featuring a visit to wartime Ukraine this past July will debut this weekend November 19-20, 2022, with a rebroadcast scheduled for… Continue reading RAW TRAVEL TV PRESENTS “STEADFAST IN UKRAINE”
DEALERSHIP PROFITS DIP SLIGHTLY ALONG WITH BLUE SKY VALUES, BUT THE SELLER’S MARKET CONTINUES
FORT LAUDERDALE, Fla., Nov. 17, 2022 /PRNewswire/ — Haig Partners LLC released its closely followed Q3 2022 Haig Report, which tracks trends in auto retail and their impact on dealership values. Dealership profits have peaked due to rising interest rates, inflation, and low consumer confidence, but they are still 2.4x higher than before the Pandemic. Continue Reading… Continue reading DEALERSHIP PROFITS DIP SLIGHTLY ALONG WITH BLUE SKY VALUES, BUT THE SELLER’S MARKET CONTINUES
Palo Alto Networks Signs Definitive Agreement to Acquire Cider Security
With Cider Security’s software supply chain security capabilities, Prisma Cloud becomes must-have cloud security platform SANTA CLARA, Calif., Nov. 17, 2022 /PRNewswire/ — Palo Alto Networks® (NASDAQ: PANW), the global cybersecurity leader, announced that it has signed a definitive agreement to acquire Cider Security (Cider), a pioneer in application security (AppSec) and software supply chain… Continue reading Palo Alto Networks Signs Definitive Agreement to Acquire Cider Security
Fisker Ocean SUV commences production in Austria on schedule
American EV automaker Fisker Inc. has just hit a major company milestone years in the making. Contract manufacturer Magna Steyr has officially begun production of the Fisker Ocean SUV at its carbon neutral facility in Graz, Austria. With Magna’s help, this second iteration of the Fisker brand continues to prove the naysayers wrong while moving… Continue reading Fisker Ocean SUV commences production in Austria on schedule
GM secures nickel for EV ramp-up from Vale’s new Quebec Battery Valley factory
GM and Vale announced that they have come to an agreement for the former to get a significant part of the nickel sulfate that Vale plans to produce at its upcoming new Quebec Battery Valley factory. There’s a region in Quebec around Bécancour, just outside of the city of Trois-Rivières, that people are starting to call… Continue reading GM secures nickel for EV ramp-up from Vale’s new Quebec Battery Valley factory
Tesla lithium refinery project moves to private negotiations in Texas
Tesla is currently working on a lithium refinery project that would be coming to Corpus Christi, Texas, and it sounds like the automaker is in the final stretch of its negotiations with the authorities. In September, we learned that Tesla has a plan to build a lithium refining facility on the Gulf Coast of Texas.… Continue reading Tesla lithium refinery project moves to private negotiations in Texas
GM EV unit BrightDrop expects $1 billion in 2023 revenue, mass production of all-electric delivery vans to start in December
watch now BrightDrop CEO Travis Katz says he’s “charged up” about 2023 and the forecast for the General Motors EV unit to top $1 billion in revenue in 2023. The announcement, tied to General Motors’ investor day on Thursday, is the first time BrightDrop has released revenue numbers. The company did not release revenue data… Continue reading GM EV unit BrightDrop expects $1 billion in 2023 revenue, mass production of all-electric delivery vans to start in December
GM expects EV profits to be comparable to gas vehicles by 2025, years ahead of schedule
Mary Barra, CEO, GM at the NYSE, November 17, 2022. Source: NYSE General Motors expects its new electric vehicle profits to be in-line with cars and trucks with traditional engines by 2025 – years ahead of schedule and what many thought was possible. GM CEO Mary Barra on Thursday said the updated forecast factors in… Continue reading GM expects EV profits to be comparable to gas vehicles by 2025, years ahead of schedule
UM economists: ‘Mild’ recession likely — but auto sector might insulate Michigan
University of Michigan economists believe a “mild” U.S. recession is coming — but they say Michigan could be insulated from the worst effects thanks to the strength of its automotive sector. Those are some of the takeaways from annual forecasts on the U.S. and state economies released Thursday at the university’s 70th annual Economic Outlook… Continue reading UM economists: ‘Mild’ recession likely — but auto sector might insulate Michigan